First Home Mortgage names company veteran as president
First Home Mortgage is a licensed, full-service residential lender. Founded in 1990 with two offices and a handful of employees, the company has since grown to 29 offices serving 21...
Mortgage forbearance rates flatline in early 2024 – MBA
The share of Fannie Mae and Freddie Mac loans in forbearance dipped to 0.11%, while Ginnie Mae loans saw a slight decline to 0.39%. Forbearance for portfolio loans and private-label...
New homes flood market as existing homeowners stay put
While the overall supply of homes for sale has increased slightly from last year’s historic lows, the share of newly built homes remains elevated. This is partly due to builders...
AnnieMac Home Mortgage welcomes new SVP of retail sales
“Recognizing the potential for growth and development within the industry, Rick has been a tireless advocate for creating opportunities for loan officers to thrive in their careers. His entrepreneurial spirit...
D.R. Horton founder passes away
Horton pioneered a strategy of a decentralized operational model that empowered local leadership teams to make key business decisions like product offerings and pricing based on their respective markets -...
STRATMOR Group, Teraverde develop merger plans
“The mortgage industry is experiencing one of the toughest markets in its history. It is imperative that we all make informed business decisions to navigate this challenging cycle,” Lisa Springer,...
Home listings hit four-year high
“Most sellers in Las Vegas are willing to negotiate—anywhere from 5% to 10% off their list price,” said local Redfin Premier agent Fernanda Kriese. “Sellers are offering buyers money for...
Top cities for veterans to live in 2024 revealed
The cities were selected based on an analysis of over 500 metropolitan markets, considering factors such as cost-of-living, crime rates, housing affordability, and the strength of the local veteran community....
How AIME helped spur a career change worth making
“When you start, you don’t really get the full picture of the industry. You just learn from the way that the original company is doing business,” he said. “So I...
UWM unveils new broker programs and partnerships
UWM has also introduced ChatUWM, an AI-powered chatbot that provides instant answers to broker queries on guidelines, matrices, and company tools. This smart search tool leverages UWM’s knowledge base, “The...